It adds no additional protection and will not shield you in the event of a lawsuit.

Also, I never received her income!

In addition to price you should condsider the quality of the company (AM Best rates, Insurance dept complaints, reviews,....) and the quality of the agent (do they know this type of business, how many companies do the represent, etc..)

We are approaching 5 months since the deal was terminated and I still have yet to receive any of my money back, which was promised to us after the owner terminated the lease by not delivering the house. 

It is currently a 4 unit, 2 units on each floor, and after my initial walk through of the property I noticed a HUGE unused attic that can convert into one if not two additional units. 

Hey Cody, I would not continue to expect the homes to appreciate as they have in the past, so I would definitely look in to trying to find something off-market, or by offering lower than listed on stale properties that have opportunity for some value add. It

Because of this, I believe the insurance should remain in the seller's name and we should be named as additionally insured, to avoid alerting the lender or dealing with 2 policies.

For this I will also receive 10% of future rental income for both properties, WHICH would be a 11% annual ROl for me.

In much the same fashion as when we file permits for a large remodel they will quite often come back saying I want xyz additional work like adding hardwired smokes.

Basically, my Investor would fund a specific loan not be part of a pool of funds.One thought is I would maintain my same process and loan docs that I've used with my Borrowers where my LLC would be the Primary Lender, manage the loan and receive payments from the Borrower.